Retail – Page 9 – Tiger Group

Sports Authority Bankruptcy Auction Won by Trio of Liquidators

Sports Authority Bankruptcy Auction Won by Trio of Liquidators
Tiger Capital, Gordon Brothers and Hilco top rivals for retailer’s assets
By Lillian Rizzo
Updated May 17, 2016 4:27 p.m. ET

A consortium of liquidators that includes Tiger Capital Group, Hilco Global and Gordon Brothers prevailed in an auction for Sports Authority Holdings Inc.’s assets, according to people familiar with the matter.

The winning bidders topped a rival offer from a […]

By Deb Andler

Read more about the article Tiger Capital Group and Great American Group to Support Previously Announced Closure of All 41 Aéropostale Stores in Canada

News / Retail

Tiger Capital Group and Great American Group to Support Previously Announced Closure of All 41 Aéropostale Stores in Canada

Tiger Capital Group and Great American Group to Support Previously Announced Closure of All 41 Aéropostale Stores in Canada
NEW YORK (5/13/16)– A joint venture between Tiger Capital Group and Great American Group announced today that it has partnered with Aéropostale, Inc., (OTCQX: AROPQ) a mall-based specialty retailer of casual apparel for young women and men, to facilitate the orderly exit of all 41 of its stores and […]

By Deb Andler

Read more about the article B. Riley Financial’s Great American Group and Tiger Capital Group to Support Previously Announced Closure of 113 Aéropostale Stores Across the U.S.

Corporate / News / Retail

B. Riley Financial’s Great American Group and Tiger Capital Group to Support Previously Announced Closure of 113 Aéropostale Stores Across the U.S.

B. Riley Financial’s Great American Group and Tiger Capital Group to Support Previously Announced Closure of 113 Aéropostale Stores Across the U.S.
LOS ANGELES, May 12, 2016 — A joint venture between Tiger Capital Group and Great American Group (GA) announced today that it has partnered with Aéropostale, Inc., (OTCQX: AROPQ) a mall-based specialty retailer of casual apparel for young women and men, to facilitate the […]

By Deb Andler

Corporate / News / Retail

Tiger Group Opens Atlanta Office

Tiger Group Opens Atlanta Office
New York-based Tiger Group established a new base of operations in the Southeast earlier this month by relocating Melissa Coopersmith, managing director, from New York to Atlanta’s Buckhead commercial district.

Coopersmith will focus on serving the asset-based lending community by providing formal appraisals of consumer goods, commercial and industrial assets and intellectual property. She will also facilitate asset disposition projects and capital […]

By Deb Andler

Corporate / News / Retail

Sports Authority Files for Bankruptcy With Plan to Slim Down

Sports Authority Files for Bankruptcy With Plan to Slim Down
Sports Authority Inc. filed for bankruptcy protection with a plan to slim down after missing out on the fitness boom that’s been a rare bright spot in retail.

The company said Wednesday that it will close as many as 140 of its 463 stores while trying to preserve $124 million in tax deductions.

Sports Authority has fallen far since […]

By Deb Andler

News / Retail

‘Made For Outlet’ Goods Stir Controversy

‘Made For Outlet’ Goods Stir Controversy
Publish Date: September 03, 2015
The early days of outlet shopping were all about disposing of excess merchandise, but demand began to outstrip supply at least a decade ago. Without made-for-outlet merchandise, experts say, the fast-growing industry would have stalled. But the concept is not without its controversy, as evidenced by recent court cases.

Michael Kors agreed in June to pay $4.9 […]

By Berkshire Direct

News / Retail

City Sports Files For Bankruptcy, Says It Will Sell Itself Off Or Close Down

City Sports files for bankruptcy, says it will sell itself off or close down
By Jack Newsham Globe Correspondent October 05, 2015

City Sports Inc., the retailer launched more than 30 years ago in Boston by a pair of high school friends, plans to shut eight of its 26 stores and sell the rest after filing for bankruptcy protection on Monday.

If a buyer cannot be found the […]

By Berkshire Direct

Corporate / News / Retail

Joint Venture Of Tiger, Hilco & Gordon Brothers Launches Additional Radio Shack Closures

Joint Venture Of Tiger, Hilco & Gordon Brothers Launches Additional Radio Shack Closures
–NEW YORK, N.Y. (4/2/15)— The joint venture of Tiger Capital Group, Hilco Merchant Resources and Gordon Brothers Group will begin the final phase of RadioShack store closings today at an additional 361 locations throughout the nation. Sales at these stores begin April 2, 2015.

This latest round follows the joint venture’s launch of liquidation […]

By Berkshire Direct

News / Retail

Going Out Of Business Sale To Begin At All 198 Alco Stores in 23 States

Going Out Of Business Sale To Begin At All 198 Alco Stores in 23 States
–Liquidation sale will offer significant discounts on all merchandise during holiday season

COPPELL, Texas (11/21/14) – After 113 years, Alco Stores (OTC-Pink: ALCSQ), a discount retailer focused on serving consumers in smaller communities with limited access to other regional or national retail chains, is closing its doors forever.

The U.S. Bankruptcy Court in […]

By Berkshire Direct

News / Retail

Auction Set For Remaining Assets Of National Deep-discount Store Chain

Auction Set For Remaining Assets Of National Deep-discount Store Chain
–Tiger Group to conduct auction of XS Cargo’s Ontario distribution center and corporate office assets on November 18

MISSISSAUGA, Ont. (11/13/14)—Following the successful liquidation of the merchandise inventories and store fixtures of the 50-store Canadian deep-discount chain XS Cargo Company, Tiger Group has been authorized by the Ontario superior court of justice to conduct an online auction […]

By Berkshire Direct